Home Explore Bookmarks Inbox Collections Profile

Recent Search

Command Palette

Search for a command to run...

Command Palette

Search for a command to run...

Home Explore Bookmarks

Inbox Collections Profile

Recursive is spending two-thirds of its funding on one AWS bill, and calls it small — Blankdot

thenextweb.com6 days ago

Recursive is spending two-thirds of its funding on one AWS bill, and calls it small

Recursive is spending two-thirds of its funding on one AWS bill, and calls it small

Richard Socher’s new AI lab has just made an unusual bet with its money. Recursive has committed about $410m to a single, multi-year cloud contract with Amazon Web Services. That is roughly two-thirds of everything it has raised. The company left stealth in May with $650m at a $4.65bn valuation. It…

Visit thenextweb.com

1

No discussion yet. Be the first to share your thoughts!